The Ombudsman for Banking Services and Investment is seeking to expand its powers to make its recommendations binding on investment firms. Clarke Tedesco and Alexandra Grishanova of Crawley MacKewn Brush LLP discuss the potential repercussions of such power expansion.

Crawley MacKewn Brush LLP comments on Staff Notice 46-307 - Cryptocurrency Offerings. The days of assuming that the virtual world of cryptocurrency falls outside the reach of a securities regulator are over.

Crawley MacKewn Brush LLP comments on recognizing and managing cyber-risk
In today’s business climate, securities issuers and dealers are making a serious mistake if they fail to fully appreciate the implications of cyber-security for their business.

Crawley MacKewn Brush LLP comments on the family, friends and business associates prospectus exemption (FFBA).
The FFBA uses close relationships to the issuer as a prospectus proxy. Registrants should exercise caution with relationships requiring interpretation: close friends, close business associates and “executive officers”.

With new legislative initiatives to create a civil cause of action for whistleblowers on the horizon, Anna Markiewicz of Crawley MacKewn Brush LLP reviews the OSC Whistleblower Program, the first such program by a Canadian securities regulator to offer financial incentives for potential information to tipsters.

The Ombudsman for Banking Services and Investment is seeking to expand its powers to make its recommendations binding on investment firms. Clarke Tedesco and Alexandra Grishanova of Crawley MacKewn Brush LLP discuss the potential repercussions of such power expansion.